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KNTV (NBC) 22
KGO (ABC) 18
KPIX (CBS) 18
KTVU (FOX) 13
KRON (MyNetworkTV) 9
KOFY 3
KICU 2
KQED (PBS) 2
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English 89
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Search Results 0 to 49 of about 90 (some duplicates have been removed)
CBS
Jun 17, 2013 12:00pm PDT
the buying spree. >>> meanwhile, across the pond they are talking the global economy. the g8 summit is under way in northern ireland, but it's not all about monetary policy. cbs reporter tara mergener on the discussions expected on u.s. wiretapping and syria. >> hello, everybody. >> reporter: president obama and british prime minister david cameron visited a northern ireland school where students are learning about the g8 summit. >> i think i just went outside the lines. >> reporter: but soon, the president and his counterparts turned their attention to the global economy. >> i'm pleased to join these leaders to announce the launch of negotiations on a new trade agreement. >> reporter: the economy is not the only topic at the g8. the civil war in syria is expected to dominate talks including president obama's meeting with russian president vladimir putin. russia supports bashar al-assad and sells him weapons. putin opposes president obama's plan to give military assistance to rebel forces trying to overthrow the government calling the fighters barbarians. >> are these the people you want to
CBS
Jun 19, 2013 4:30am PDT
while ago about the two countries' need to work closely together for the sake of the world economy. >> germany is the largest trading partner with us in the eu so we have a profound stake in each other's success. we agree there's more work to do. not only do we have to grow, but we also have to reform our economies structurally. >> the president also took time to defend u.s. spying saying they have averted at least 50 threats and saved lives in the process. mr. obama's berlin visit comes almost 50 years to the day since president kennedy delivered his famous anticommunist speech. >>> a tree trimmer used his chainsaw yesterday in the area of golf links road and mountain boulevard. kpix 5's juliette goodrich was first on the scene and talked to the man who came face to face with a suspect. >>> reporter: >> then i see this guy over there. and he says come here. and i thought it was a cop. >> reporter: it wasn't a cop. it was a suspected carjacker hiding from the cops after a high-speed chase from san leandro to oakland. victor happened to be trimming trees in the area. >> he called me
CBS
Jun 19, 2013 5:00am PDT
while ago about the two countries' needs to work closely together for the sake of the world economy. >> overall, germany is our largest trading partner in the eu so we have a profound stake in each other's success. we agree that there's more work to do. not only do we have to grow, but we also have to reform our economies structurally. >> the president also took time to defend u.s. surveillance programs saying they have averted at least 50 threats and saved lives in the process. mr. obama's berlin visit comes almost 50 years to the day it was june 26th, 1963, when president kennedy delivered his anticommunism speech with the well known phrase, "ich bin ein berliner." >>> house republicans want to make it a federal crime to be in the u.s. illegally. a republican-based house economic voted yesterday to pass a bill boosting criminal penalties against anyone who is not a citizen. republicans say the bill is necessary to uphold enforcement of the law. democrats say it's too dangerous and are especially disappointed as the senate plans to work on an immigration bill to provide citizenship
FOX
Jun 21, 2013 7:00am PDT
national security but invests in the economy. it's more about who we are. i'm very hopeful. >> senators get back to work on capitol hill behind me in this 15 minutes. we expect to hear from senator reid. back to you. >> joe biden is one in the immigration leading the charge for this. >> it's time to provide a fair, reformed unfettered pass to citizenship for $11 million undocumented immigrants. >> he spoke at a awards banquet in las vegas and says this is part of the future of america. >>> and san francisco state senator leland yee will hold a news conference in support of immigration reform. he will unveil a measure that pardons 11 million immigrants and branses them similar immigration rights as same-sex couples. >>> a new volunteer center has been launched for sierra lamar. they've moved to central high school. it used to be at burnett elementary. sierra's father, steve, made the move will allow volunteers to rico -- refocus on finding her. now, antolin garcia-torres has been charged with her murder. >>> a shooting happened about 10:00 at 6th and natoma. the victim was shot twice but is
ABC
Jun 21, 2013 6:00am PDT
: investors say the storm is, in part, because of some good news about the economy. last month, employers added 175,000 new jobs with unemployment expected to fall below 7% next year. existing home sales are also picking up, posting their best month in 3 1/2 years. but recovery from recession mean he is the federal reserve could pull back on its stimulus pro, which has pumped billions into the system to help drive growth. >> our economy is getting better and now it's time for us to see how we can do it on our own. >> reporter: potential shift by the fed has shaken some investors who feared the economy is not as strong as it seems. some also worry record low interest rates could disappear. already, mortgage rates have climbed above 4% for the first time in a year. market watchers say the volatile week is a sign of coming deterrence with the new reality. >> once we get through that period, i think we are going to realize that we are going to be okay and things will get back to normal. >> reporter: now, financial advisers say the best advice for average investors not to panic, to stick it ou
NBC
Jun 21, 2013 4:30am PDT
the future of the economy. we are watching your money next. >>> also, rescue crews combing through the rubble of a collapsed building in india. we'll tell you about the desperate search for survivors. >>> the incredible video of a toddler falling from a building in china. . >>> how happy are you that it's friday? >> beyond words. >> we give you a live look outside at the bay bridge. a little red hue to this shot here. a super moon outside. you have to take a look. it looks like a giant egg in the sky. it's 4:43. >>> always nights to be at the end of the week. brace yourselves it could be a freakyriday on wall street. no doubt about it this one has been a very rough one for the markets, thursday the worst day so far as investors continue to be anxious about the looming end of the fed's stimulus program. that begs the question, what does this all mean for your money. kayla taush she is live at cnbc headquarters with a look at the market performance along with the impact possibly on your wallet. kayla, good morning. >> roller coaster ride not over yet. futures sharply higher which is good news.
CBS
Jun 17, 2013 4:30am PDT
of eight summit is supposed to center around europe's ailing economy. but as cbs reporter susan mcginnis reports another topic is expected to draw attention. >> reporter: president obama left air force one holding daughter sasha's hand. for the next two days, he will meet with world leaders here in northern ireland which he sees as an appropriate place to talk peace. >> beyond these shores right now in scattered corners of the world there are people living in the grip of conflict. you're their blue print to follow. we're the proof of what's to follow. >> reporter: russian president vladimir putin says president obama's plan to arm rebel fighters who he calls barbarians will hurt the chances for peace in syria. >> are these the people you want to support? are they the ones you want to supply with weapons? >> reporter: president obama and president putin are scheduled to hold private talks this afternoon. the conversation comes after a new report reveals the u.s. and the uk spied on russia and others at another summit. the british newspaper the guardian says former nsa contractor edw
PBS
Jun 22, 2013 12:30am PDT
not a lot of people who wanted to take down dams. with the bad economy there is not a lot of money to pay for it. this project is goingó[ to jump-start this movement again. it's closely watched by engineers andçó biologistshnoun the country. >> it'st(çó obsolete.é@ if you have an old car or "tclding, after a while there is only so many times you canqxd k fixing it before you need to buy a new one. this dam was built when warren g. harding was president, 92 years ago. overtime the dams silt up behind them. that comes down thejf river and help replenish beaches gets stuck and the water gets fullq up. this reservoir!u is 95% full. a bunch of dirt and filled it almos4ñá alljf the way on and t ont( the water, you only store bit of water. it's useless. statet( engineers said in an earthquake it could collapse. if it collapsed, the amount of mud and sand behind that can fill 250,000 dump trucks. it would kill everything in the river and take out about 1500 houses. >> how are they going to get rid of itfá all? >> it's lpÑiinteresting. th the bottom withxd dynamite andw press the plun
NBC
Jun 20, 2013 5:00am PDT
buying program and let the economy stand on its own. scott mcgrew, not what investors wanted to hear. >> not at all. is like an parent who stops paying your apartment rent. the economy soon is going to have to prove itself by itself. ben bernanke said in his wednesday press conference the fed would likely end its purchase of bonds next year. remember we're talking about billions an billions of bond purchases every month. that news should drive interest rates, particularly mortgage rates up. as for the effect of equities, let's get right to kayla tausche who is live at cnbc world headquarters. >> hey, scott. futures are lower this morning following yesterday's sell-off. stocks, bonds, both slammed by comments from federal reserve chairman ben bernanke. speaking about when the central bank may end its economic stimulus program, reacting the disappointing data about china's economy and the manufacturing sector. here today we have reports on unemployment, manufacturing and housing. the dow dropping 206 points to 15,112 the nasdaq losing 38 to 3,433. >> we'll keep an eye on it with update
ABC
Jun 18, 2013 11:00am PDT
be. >> the study found a new ballpark on could pump $130 million a year in the economy. the mayor is considering legal action in the past but they have deferred to the principal owner of the a's. he a fraternity brother of bud selig and stuck to the idea of stick to the process. three-quarters of the team must approve the move into giant's territory. and selig made a committee to review that move but one of the members of the committee was corey bush, vice president of the giants. >> bud selig appointed a commission to look at this very proposal that you just mentioned, not once one, two, but four years ago to study the situation. >> reporter: he believes major league baseball insends tends to study the issue forever and hence the lawsuit. that is why san jose is filing. we'll be calling on mayor chuck reed and contacting the giants to get the latest on the story. >>> before you go. major league baseball has an anti-thrust exemption. doesn't it allow them to set their own rules on the come pe contingency? >> major league baseball thinks it does but it dates back 91 years. it comes
KRON
Jun 20, 2013 7:00am PDT
-thirds of americans rate the current economy as before. the poll also indicates a positive trend: the number of those who rate the economy as good as ground steadily since the end of last year-up nearly 10% from last december. overall, optimism that the economy will improve is split almost down the metal. 50 percent predict they will be better off a year from now, 49 percent say things will get worse. >> if you think about starting a business, calif. just might be the state for you. according to the kaufman index of entrepreneurial activity and a list of 10 states saw more start of activity than anywhere else nationwide. here is a look of the top 5- montana, vermont, new mexico, alaska, and mississippi. coming in at no. 6 is california. in 2012, the state had a starting rate of 410 per 100,000 adults. the coffin index says that california has major advantages including a strong talent base, an estimatestablished network of venture-capital, a big consumer market, and top not to private and state research schools. a government analyst says the merger of american airlines and u.s. airways would reduce c
NBC
Jun 22, 2013 5:00am PDT
pumping into the economy to lower interest rates, encourage borrowing and improve the labor and housing market. when he mentioned that investors knew it couldn't go on forever. hearing it caused a knee-jerk reaction. they thought he's not quitting cold turkey. unemployment needs to improve a little bit more and needs to be more growth in the economy. >> you talked about interest rates. that's a major concern for people, not just when it comes to mortgages, but student loans as well. >> everything you do is tied to the interest rate whether you like it or not. whether you have an existing loan or taking out a new loan. if you have a variable rate those could go up in the near term. they change with the market. if you have a fixed rate loan it stays the same. if you are taking on a new loan make sure you look closely at your mortgage. new mortgages, they also move with the market. we are seeing a 30-year fixed at nearly 40%. it's climbing. if you want take out a new mortgage, it's narrowing. credit cards, student loans, auto loans, other types of debt are tied to the f
NBC
Jun 20, 2013 6:00am PDT
into the economy. the more money you have, the cheaper it is to borrow. all of this goes away at some point, probably next year. we expect another rough day on the markets today. if it's any consolation, john, we're starting to see the real value of the american sock markets and american companies, not the fake value we've been seeing for so long propped up by that extra cash. >>> 6:31 right now. dozens of men and women arrested in santa clara's biggest gang bust in history will be back in court. the allege ld members of the nuestra familia gang will be in a san jose courtroom for bail hearings. some could enter their pleas. ma first court appears last week, facing a variety of charges including robbery, drug sales and murder. >>> this morning the oakland police department will introduce the city's five district commanders. earlier this year the police department began implementing its neighborhood policing plan. part of that plan was to put captains and lieutenants in charge of five police districts that together make up the entire city of oakland. today the leaders will discuss crime prod
NBC
Jun 21, 2013 6:00am PDT
eventually stop propping up the economy. >> scott mcgrew is working on it, can't really figure out why it took investors so long to notice. >> this is such a mystery to me, jon. on wednesday, midday, middle of the week the fed says what we said it was going the say. it's going to slow and eventually stop quantitative easing. more than 24 hours later, by the close of business thursday, investors were still selling stocks like they hadn't noticed the fed and sold before that. it was supposed to be big news. in this day of quick trade, why the dow fell more than 300 points thursday kind of crazy late. the worst losses -- we may see almost a sale on stocks today. bond prices are way up and we said they would be as well. oracle is leaving the nasdaq. the redwood shores company will trade under the nyc today. it doesn't really affect your investments, but kind of an embarrassment for the nasdaq. oracle stocks down big on slower sales. >>> two google doodles to show you this morning. one on the top, a welcome to summer. the other, a welcome to winter. today, as christina pointed out, the firs
CBS
Jun 20, 2013 6:00am PDT
of next year which would mean the bond tapering to begin later this year. that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time weekly unemployment claims rose to 354,000 within the range of job growth. if the economy is stumbling along, that is going to force the fed to continue its current quantitative easing plan. it's a perverse way of looking at things. it's a rough start today. dow down 134. nasdaq down 31. s&p lower by 14. michelle and brian, back to you. >> thank you, jason brooks. >>> the key players are still say very little bit ousting of men's warehouse founder and pitchman george zimmer. >> you're going to like the way you look, i guarantee
NBC
Jun 18, 2013 5:00pm PDT
wage to $8 an hour. proponents say it will help the economy as minimum wake workers will have more money to spend. earlier this year in san francisco they raised their minimum wage. >>> have you heard about it? a way to raise money online, often for a particular project to a lot of little donations. >> one turned to crowd funding to help improve their building and ended up with not just money but some surprising attention. garvin thomas has their story tonight. >> reporter: for all the great work that they have done for the past four decades, they do keep a relatively low profile. a lot of that comes for the personal of their director michelle clark. she says she's more steak than sizzle. in tonight's bay area crowd she gets credit for both. >> so you need to know i do this all the time. ask michelle clark how one gets to washington, d.c. and she'll take you up on the roof. sha being the best place, of course, to put solar panels. in this case the panels that power the building, that houses the youth employment partnership at the corner of 23rd and international boulevard in oaklan
ABC
Jun 18, 2013 5:00pm PDT
ballparks when it comes to popping some serious cash into the local economy this, is a live look at fans headed tonight to the evening's game at the giants ballpark. since the giants move there in 2000. >> abc 7 news was the first media outlet to report on this lawsuit. mark matthews sent the first tweet you can follow mark on twitter. and we're tweeting around the lock. >> -- clock. >>> a union city family's dog has killed a family member. he was playing yesterday when the dog just attacked. family members say the boy may have tried to climb onto the dog's back. the dog sk held for 10 days in a shelter, authorities have not yet decided whether they will put it down or try to rehabilitate the animal. >> the naked man seen on video had a day in court today. his friends say he needs mental health services. not jail time. abc 7 news has the story. >> the 24-year-old sat listening to a spanish interpreter explain charges against him, he's the naked acrobat attacking passengers at the 16th and mission bart station. >> i spoke to him, he's very, very depressed. crying. >> it's part of a troop
ABC
Jun 18, 2013 11:00pm PDT
business issues. the possible move south could pump $130 million in san jose's economy. the numbers have sounded good to the owners. >> i think we would benefit as well as all of the businesses if there there was more to do and see. >> the giants had no comment on the lawsuit. in san jose, lisa amin gulezian, abc7 news. >> a's fans in oakland are not in favor of the team moving south. neither is mayor gene quan. >> they may have lawsuits, but we have fights. i have been saying to major league baseball that we are ready. let's play ball. >> we are east bay. no way going san jose. >> the oakland coliseum ranks as one of the worst in baseball. a a couple of days ago faulty pipes dumped sewage into the team locker room creating a real mess. >>> we are getting a lot of comments on our facebook page about this story. if you would like to join the conversation we would love for you to do that. go to facebook.com/abc7 news. always glad to hear from you. >> the reward to help find a killer after a traffic accident last week increased to $theater,000 today. to $30,000 today. he was gunned down aft
ABC
Jun 21, 2013 11:00pm PDT
actually be the local economy that is gearing up to welcome a lot of fans. >> good afternoon. thank you for calling. how may i help you? >> if you are looking for a room in novato, don't bother calling here. rooms have been booked for months by fans with a need for speed. nascar weekend is huge for north bay hotels. robert marshall says he starts planning in january. >> nascar brings 100,000 people with that. there are not 100,000 rooms in marin county. it fills up all of marin county and most of sonoma county and even into vallejo. >> next door ricky's bar and grill stopped taking reservations for this weekend last month. this nascar driver made a pitstop here before the big race on sunday. >> without the fans we wouldn't be doing this. we really uh proash yait the fans coming out to watch. it is special to come out to the sonoma rase way. >> this is like christmas in june. people travel and they have this date on their calendar all year long. >> fans who want to be close to the action have camped out across from the race way in this virtual city known as 50 acres. they have made the t
CBS
Jun 20, 2013 11:00pm PDT
buying program if the economy continues to improve. >> i think we'll have a choppy volatile summer. i expect us to end the summer below or at where we are right now. >> it's an opportunity to buy. buy low. sell high. the stock market is still up. double digits for the year. >>> the fbi has a guy on the most wanted list. he hasn't murdered anyone on blown anyone up. he's wanted for mail fraud. bruce lee marshal has been on the run since may 17th. he's charged with tricking a former employer into paying $100,000 for contracting work with a fake company he invented. >> in this particular instance, he portrayed himself as being able to set up a company that could provide services to a start up company, when in fact it appeared that he did not provide what he said he could provide and was paid for much of those services. >> he's 5-10 with black hair and brown eyes. he's trying to find a job as a software engineer in the san francisco or san jose area. >>> coming up, an infamous bay area killing comes to life on the big screen. the red carpet debut in the city where it all went down. >>> se
CBS
Jun 21, 2013 12:00pm PDT
or not the economy will be strong enough for that to happen and the st. louis fed president james bullard who dissented against talking about signalling a bond tapering said that it may have been premature to talk about that when the fed in the process was trimming back its own economic forecast for 2013. but the market has stabilized a bit today but certainly if we're going to see volatility continue for some time until the fed does say exactly when it will make that bond move. let's take a quick look at the market right now. the dow is up by 64 points. it's been back and forward today. nasdaq is still down by 10 on pressure from oracle's weaker- than-expected earnings. the s&p up by 6 points right now. michelle, we'll take that right now. >> yeah, we will. kcbs radio's financial reporter jason brooks, thank you. >>> in other economic news california's latest employment numbers show more people are heading to work every day. the state's unemployment rate fell to 8.6% last month. that's the first time in nearly five years the jobless rate has dipped below 9%. california's jobless rate is sti
FOX
Jun 17, 2013 7:00am PDT
trade and economy. but because some of these countries disagree how to handle the blood shed in syria, that situation is expected to be a top priority. sadly puten is very outspoken -- vladimir puten is very outspoken about president obama's plan. the two are expected to talk privately. a new cnn poll shows that president obama's approval rating has taken a dive. last month, 58% supported president obama. now just 45% of the job he's doing. that's an 18-month low. we'll take a closer look at president obama's schedule for the remainder of the g8 summit when i see you next. kyla campbell, ktvu channel 2 news. >>> david cameron is among those attending the summit. this morning he refused to comment hon a hacking scandal -- on a hackle scandal involving the government. the newspaper there reported that britain's spy agency hacked into e-mails. >>> this morning, the white house is also defending the nsa's secret surveillance program of phone and internet records. white house chief of staff denis mcdonough says the program is constitutional and carefully monitored. he also says the u.s. go
KICU
Jun 19, 2013 11:30pm PDT
the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend on that program. >>> are you better off now financially? many americans say no. a cnn poll has found 44% of americans say their financial situation is actually worse today compared to a year ago. 36% say they are better off, and 20% say their personal situation is just about the same. only half say they expect economic conditions to be better one year from now. >>> bay area doctors may soon change the way they treat obesity, because of one word, ktvu's heather holmes is live now in oakland with reaction to obesity, now labeled as a disease. >> reporter: the head of the bariatric program here hopes this sends a message, not only to
KICU
Jun 21, 2013 11:30pm PDT
. that industry is thriving with a rebounding economy. people have more money to travel and to eat out. >> the sun is starting to come out on the california economy. ronald reagan another area of job growth lies in big city construction. if that job growth stays stable in the construction industry, in alameda, jade hernandez, ktvu news. >> >> more details on the unemployment rate in the area -- . >>> berkeley's world famous restaurant preparing to open its doors to the public for the first time since a fire badly damaged that restaurant in march. tonight, it opened for a fund- raiser to benefit the berkeley based edible school program. it's a program that shows local kids how to grow, harvest and prepare seasonal produce. >> this is more than a rebirth. it's kind of a reinvasion that i think will keep us going for many more years. >> the fire was caused by an electrical program underneath a porch. it did more than $200 thousand worth of damage. it has been repaired and it is going to reopen on monday. >> >> facebook said the cause of a bug was purely technical. the problem is with the tool called
ABC
Jun 20, 2013 6:00am PDT
efforts on signs of a strengthening economy. what's behind that move to higher interest rates and rising interest rates from the head of wells fargo telling cnbc that it's okay if rates rise as long as it happens because of improvement in the economy. that could hurt the housing market. no sign that's happening yet. home prices may were up 5.5% from a year ago with some of the biggest price increases in san francisco and san jose. now, we did get a report on may home sales from the national association of realtors here in a few minutes. we're seeing stocks down this morning. so we are extending those losses that we saw yesterday with the dow at the moment down 135 points and the bloomberg silicon valley index also trading lower. live at the new york stock exchange, i'm jane king, bloomberg news. >> 6:49. all right. i've been complaining a little bit. i don't want to. having to take benadryl and allergies. >> with warmer weather it's going to bring it in full steam. >> misery loves company. i don't want anyone else to suffer. >> good morning, everyone. don't see any clouds out there. no f
ABC
Jun 22, 2013 5:00am PDT
bill would help the middle class boost the economy and shrink the deficit. >> according to this independent report. reforming immigration would reduce our deficit by almost a trillion dollars over the next decade and help the economy by over 5%. >> the president adds the bill is not perfect and it is a compromise, but it is consistent with his principles. caltran has just released documents showing there were quality control problems with hundreds of steal rods installed on the new span of the bay bridge. the rods were improperly treated with brake cleaner and an in approved product. it caused them to become bridle and dozens cracking in march. officials say they won't make a decision until july whether the bridge will keep their scheduled labor day weekend opening. >>> bart is marking ten years since it began service to the san francisco international airport. the transit agency said it has served more than 30 million passengers since the extension to sfo opened in june of 2003. he said ridership continues to gain stream with a 27% increase over the past four years. the
ABC
Jun 22, 2013 6:00am PDT
the economy and shrink the deficit. >> according to this independent report, reforming immigration would reduce our deficit by almost a trillion dollars over the next two decades and it will boost our economy by more than 5%, in parts because of businesses created, investments made and technologies invented by immigrants. >> the president adds the bill is not perfect and it is a compromise, but it is consistent with his principles. >> new details this morning. caltran has just released documents showing there were quality control problems with hundreds of steel rods installed on the new span of the bay bridge. the rods were improperly treated with brake cleaner and an in unapproved product. it caused them to become bridle and dozens cracking in march. officials say they won't make a decision until july whether the bridge will keep their scheduled labor day weekend opening. >>> bart is marking ten years since it began service to the san francisco international airport. the transit agency said it has served more than 30 million passengers since the extension to sfo opened in june of 2003.
ABC
Jun 22, 2013 8:00am PDT
budget office immigration built would help the middle-class, boost the economy and shrink the deficit. >> according to this independent report, reforming our immigration system would reduce our deficit by trillion dollars and boost our economy by 5% because of investments made and technologies invented by immigrants. >> the president adds the bill is not perfect and compromised and consistent with his principles. >>> new details this morning caltrans has just released documents showing there were quality control problems with hundreds of steel rods installed another o the new span of the bay bridge. they reveal the rods were improperly treated with brake cleaner and unaproved product. it caused them to go brittle that led to cracking back in march. they are working on fix for the problem. they will not make a decision until july on whether the bridge will keep the scheduled labor day weekend opening. >> new this morning, bart is marking ten years since it begin service to san francisco international airport. they have served more than 30 million passengers since the extension opened i
KOFY
Jun 19, 2013 9:00pm PDT
about every one of us. fed chairman ben bernanke expects the economy to grow and unemployment to fall. but he also signalled today that years of low interest rates that have made it easy for companies to invest and families to buy cars and homes may soon be ending. the dow dropped more than 200 points on that news. the nasdaq dropped almost 40. ton, abc news reporter rebecca jarvis explains what that means to the average american. >> david and sara turn bull are looking at homes in newbury park, california, for their expanding family, hoping to take advantage of record low interest rates. >> because we're at a time where we can buy, we would ideally like to lock in an interest rate. >> but in the last six weeks, interest rates have started climbing. mortgages now above 4% for the first time in a year. up more than half a percent since may. >> people are really thinking that makes a big difference in my monthly payment and what i can afford. >> every 1% increase in mortgage rates makes owning a home about 10% more expensive. >> i like that. >> in real terms, when rates rise a percent,
CBS
Jun 19, 2013 7:00am PDT
says if the reform bill passes, it would boost the economy and cut the federal deficit by $200 billion in the next decade. but now there are fears it may not happen at all. our political director john dickerson is in washington. john, good morning. >> reporter: morning, charlie. >> so what's the impact of this cbo report? >> reporter: well, i think for those who are pushing comprehensive immigration reform, it's a second big argument for them. they've been making the moral case that the immigration system has to be fixtured. now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states illegally? >> reporter: the central tension to watch in this bill is between get
NBC
Jun 17, 2013 6:00pm PDT
economy so much better than the lousy one. i mean, it makes this life more livable. >> reporter: the construction is already creating more cash for san jose. at the beginning of the fiscal year, last july, they projected that permits -- revenue would be with b $20 million. by the time the fiscal year ends at the end of this month, it turns out it's going to be about $7 million more than that. good news for the south bay economy. in san jose, kris sanchez, nbch bay area news. >>> we have breaking news at the caltrans station on 22nd street in san francisco. service has been shut down in both directions because police are trying to apprehend an armed man on the overpass above that station. minutes ago we learned that caltrans officials said hostage negotiators were able to talk the man down with no further incident. he's now in custody. caltrans is still making arrangements for other trains to carry riders to the millbrae station where they can take part until they get back up to speed. caltran tickets are being honored on bart evening. a spokesperson says to expect significant de
NBC
Jun 19, 2013 6:00am PDT
. earlier obama meeting with angela merkel on a number of topics including the economy and the ongoing nsa surveillance scandal. we'll be monitoring the president's speech and bringing you the latest throughout the morning as things progress in germany. >>> google fighting back asking the federal government for permission to reveal to you how often it has to give secrets up to the nsa. >> that is right. scott mcgrew, google says it has a first amendment right to tell the truth. >> it wants to go beyond the press releases issued by other tech companies to give sort of a general lay of the land, how îiq asks for data. google wants to drill down how often the prism program forces google turn over data the biggest spy agency. google filed that demand with the secret fisa court tuesday. you mentioned germany's dissatisfaction with the obama administration over fisa courts, domestic spying. today's a lukewarm reception in germany. reporter in berlin this morning said 6,000 tickets given out. that is a far cry from the reception that then-candidate obama got in berlin in 2008, talking before th
CBS
Jun 17, 2013 6:00am PDT
. >>> 6:26. coming up not just the economy. the top issue facing world leaders at the g8 summit. >> plus, hundreds evacuated into the streets of san francisco. the cause and will it impact business this morning? >> reporter: i'm linda yee in pacifica. she's only 10 years old, but she was able to punch her way out of an attempted kidnapping. i'll have her story. ,, ,,,,,,,,,,,,,,,,,, >>> in this case it seems like we had a tough little girl who hand herself very well. >> a man 6 feet tall approached the 10-year-old and said come with me. >> crews are going from address to address restoring service following a gas main break. >> we saw the bomb squad. we didn't know what's going on. >> president obama is in northern ireland to meet with world leaders at the g8 summit. syria is not formally on the docket but is expected to dominate the talks. >> there are very big differences between the analysis we have of what happened in syria and who is to alabama. >> we have a long road here. i don't want to create a long belief that tomorrow everybody's going home because that's not going to happen. >
CBS
Jun 18, 2013 6:00am PDT
for the final group photo. although the focus was supposed to be the world economy, the crisis in syria stole the spotlight. the u.s. plans to army rebels in syria while russia supports the present government. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table in geneva. we agree to push the parties to the negotiations table. >> other topics up for discussion include deterring kidnappings of foreign workers in africa and cornering globe trotting corporations into paying more taxes. >>> a scary ride for passengers on a united flight from hong kong to newark, new jersey. they were more than halfway into the 15-hour flight when a man started ranting about national security, the cia and international spying. he also claimed he and everyone else on the plane were poisoned. the crew and other passengers decided to subdue him. >> a few of us jumped on him, put him on the ground with the help of a few passengers and flight attendants. we were able to handcuff him. >> the fbi met the flight in newark and took the m
CBS
Jun 19, 2013 6:00am PDT
'll explain when they might start to do it and what will happen if the economy stumbles after that. the market has rallied big time the first two days of this week. back-to-back triple-digit gains by the dow jones. let's look at the big board see how we're doing this morning. market pulling back a little bit ahead of the fed announcement. dow dropping about 40 points. nasdaq and s&p each lower by about 4 points. netflix shares up 2%, tesla up 1.5%. >> thank you, jason brooks from kcbs news. >>> the republican led house has passed an anti-abortion bill. the measure restricts abortions for the first 20 weeks after conception. it's almost certain to fall short in the democratic-led senate. the white house has issued a veto threat. but it will have political impact in next year's republican primaries and future court battles challenging the 1973 supreme court decision affirming abortion. >>> breast cancer survivor melissa etheridge is commenting about angelina jolie's decision to undergo a double mastectomy. in an interview she called it a fearful choice. the rocker revealed she too has the same g
NBC
Jun 18, 2013 11:00am PDT
to downsize, i guess, in this economy. >> exactly. but it's free of charge for these owls. expected to say there at the hotel for the next few months. barn owls, for the record, are a protected species and these aren't protected species, just little giveaways they gave, the stuffed baby owls, kids get them, parents, i'm sure, go to the hotel, try to get everybody involved in the owl movement and update willing people on the condition of those owls on their facebook page. >> i love you it. i wouldn't mind staying there and staring at those guys all day. >> get you a free stuffed animal to take home. >>> meteorologist christina loren, talking about some breeze throughout the bay area. >> who? he indeed i am. good morning tune. good-looking day shaping up. i mean, really, we hit stride. we hit the jackpot when it comes to beautiful weather here in the bay area. especially inland. chilly today. at the immediate coast, san francisco, for example. but luke at this got a lot of sunshine coming in. let me show you what's going on, take it right to space, show you the bay area, when it comes to the
NBC
Jun 20, 2013 4:30am PDT
when the central bank will end its economic stimulus program, reacting to news about china's economy. reports on unemployment, manufacturing and housing here in the u.s. the drou dropping to 15,is 12, the nasdaq to 3,833. >>> mow zil la is going ahead with plans to offer a do not track option. that would block the most common forms of internet tracking, allowing people to limit who watching their online movements. the decision comes despite big resistance from advertisers who claim this tracking is essential to delivering well targeted lucrative adds that pay for many web services. microsoft is reversing course on its xbox 1 game console. users can left-hand and sell used games. these had been criticize bid the hard core gamers since microsoft unveiled the xbox one in may. the device goes on sale this fall for $499. we'll definitely see how it does. >> kayla tausche, thank you very much. >> bowing. >> you taught us so much. >> i used to teach etiquette to little kids. >> you got to work on me. i got a ways to go. >> christina loren is here to tell us and sprinkle etiquette, sunshine,
ABC
Jun 18, 2013 6:00am PDT
among couples and unemployment is behind the decline. as the economy improves more americans between the ages of 18 and 34 could be headed to the altar over the next two years. >> if it's a june wedding it will be a cooler june wedding today. >> we are going to be seeing a cooler day today. dress in layers because it will warm up. it's chilly and cool but not cold. it will warm up a little bit. as we take a live doppler, radar, satellite and low clouds ghreigd over the bay area. we are going to be see that continue throughout the day. stray high clouds, as well. 66 degrees in san mateo will be your high. 71 degrees in santa cruz, mostly sunny out there. 67 in fremont, 71 in san jose. 74 degrees and 75 in fairfield and 76 in antioch. those will be the highest temperatures for today. we do have a giants versus padres. all right, game time, 7:15, 53 degrees and bring a sweater. it will go down one degree. but we are going to see it come right back again overnight. that will cool us down. overnight lows, 54 in antioch. 53 in fremont. 52 in san jose. 51 degrees in san francisco. 50 in san
ABC
Jun 19, 2013 1:05am PDT
. the possible move south could pump $130 million in san jose's economy. the numbers have sounded good to the owners. >> i think we would benefit as well as all of the businesses if there there was more to do and see. >> the giants had no comment on the lawsuit. in san jose, lisa amin gulezian, abc7 news. >> a's fans in oakland are not in favor of the team moving south. neither is mayor gene quan. >> they may have lawsuits, but we have fights. i have been saying to major league baseball that we are ready. let's play ball. >> we are east bay. no way going san jose. >> the oakland coliseum ranks as one of the worst in baseball. a a couple of days ago faulty pipes dumped sewage into the team locker room creating a real mess. >>> we are getting a lot of comments on our facebook page about this story. if you would like to join the conversation we would love for you to do that. go to. cebook.com/abc7 news. always glad to hear from you. >> the reward to help find a killer after a traffic accident last week increased to $theater,000 today. to $30,000 today. he was gunned down after a fender be
ABC
Jun 19, 2013 4:00am PDT
qaeda plat to stop the u.s. economy. a plot on the new york stock exchange. >> these tools have helped us. >> reporter: the fbi said that intercepted e-mail from an al qaeda leader in yemen led to this man and two other americans. they were in the initial stages of planning their attack, seven years after 9/11. >> the fbi disrupted and arrested these individuals. >> reporter: the newly-declassifieied case is 1 50 terror plots that the fbi says could not be disrupted bout the nsa spying programs. the director defended the program against criticism that they violate americans' privacy. >> i would rather be here today debating this point, than try to explain how we failed to prevent another 9/11. >> reporter: civil liberties groups say the government has gone too far and many of the still classified plots could likely have been caught another way. >> the question is not simply whether plots were disrupted. but whether to disrupt those plots we need to engage in dragnet surveillance. >> reporter: top lawmakers disagree. >> the reason we have that is to find a needle in a haystack. you can'
ABC
Jun 19, 2013 6:00am PDT
are on the decline. new poll shoe a third of americans they are likely to hold back because of u.s. economy. stocks are pretty quiet. we do have a federal reserve meeting and get a press conference on the fed later today. bloomberg silicon valley index is trading a slight bit higher. consumer reports said vigorous testing on several brands of toilet paper. walmart white cloud came out on top. they based it on four criteria, machinery and people to come to their conclusions. they tested the strength of paper. also doing well on tests, great value and wal-mart brand and northern did well. they turned up? stinkers. essentials was at the bottom and whole foods was just slightly better. >> you knew you were going there. okay. keep rolling along. >> all right. miss utah did not win last night but after she gave a rambling to a question about the gender wage gap. >> our team as the leaders and we true need to try to figure out how to create education better so we can solve this problem. >> kristen: what happened? this is what she told jimmy kimmel. >> i hear the question and i just started talking. once i
ABC
Jun 20, 2013 1:05am PDT
, and the royal family is being watched. a time of celebration and joy, and for the economy, big-time dollars or pounds. the estimates show that millions could go into the coffers, as brits rack up the sales and booze in anticipation of the big day. also prince charles is reportedly selling handmade booties through his personal estate. seriously. not suited for the job in apparently, a stellar first quarter sales announcement was not enough to guarantee george zimmer a job. the termination has to do with the move away from the slogan. apparently the men's warehouse board no longer likes the way he looks. ouch, well, thank you for joining us on abc, as always, we're on line at abcnews.com. good night. >>> that breaking news is happening along the san mateo county coastline. fierce winds put a wind surfer and some boaters in trouble tonight. good evening. i'm dan ashley. >> and i'm carolyn johnson. the rescues happened off coyote point in san mateo county. let's go to leslie brinkley along the bay front. >> the winds picked up tonight and around 6:30 some friends got worried about an over due w
ABC
Jun 20, 2013 4:30am PDT
this year. the program has kept interest rates at record lows but bernanke says the economy is clearly on the mend. >>> the fed's plan didn't go over well on wall street. stocks overseas are falling this morning. >>> best buy is bringing back the popular iphone trade in deal. beginning tomorrow and until next saturday you can turn in your iphone 4 and get an iphone 5 for free but you must be due for an up grade and >>> the city council will hear a final reading of the social host ordinance july 15th. it would take effect august 14th. berkeley, concord and pleasanton approved ordinances to deter underage drinking. >>> attempted abduction in pacifica turns out to be a hoax. a 10-year-old girl claimed man tried to kidnap her on sunday. police investigating the incident began to doubt the girl's story and investigators say she finally admitted she made it up. >>> this morning a paroled south bay i.t. technician is back in jail on a million dollars bond charged with stealing computer passwords to equipment. prosecutors say just weeks after getting out of prison, he picked up right where he
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